The west and hay were 16 mi. Per hour concord 12 mouse and the south if youre traveling along this area plan on preconditions. Sears fell 6 seamount our ledger get ready and out the door get ready for cool start a light jacket and a cool afternoon you might need a jacket a long sleep or two later on in the afternoon temperatures will slow to warm up into the lower 60s for the bay in the location mid 50s for cult locations michelle apon look into rest of the storm track four cast. George as we continue to monitor the closure which will be the case for the weekend opening of late sunday night early monday morning and tracking youre ride through the south today it was a south bank accident at interstate 880 and you can see we have picked up just a little slowing on 11 of my father ride leading up from the 280 interchange. Darya after trailing most of the night star stepped curry comes through an attempt and makes the big threepointer that tied the game there are two end of the best and th
About a. M. , existing home sales. Earnings after the bell we get nike and carnival and 50 days until sochi, olympics. Do they have snow . Theyre going to have snow. It is a little dicey snow . Maybe they will get snowblowers in there. And seriously, mr. Putin speaking in russia. We have that on London Television this morning. Look for that at bloomberg. Com. We scour the newspapers, but before that, lets go to the data check because this is a big story. Real movement off of what we saw yesterday afternoon at 2 00 p. M. , futures negative 2 after a huge surge yesterday. Here is the story yield did not move. Everything else moves, but it was really priced out of the bond market nicely, eurodollar weaker, yen dollar stronger. Screen. To our next vix moving to a complacent 13. 80. There is the dow well above 16,000, gold craters and the yen weaker come out that important 104 level. Theen and others looking at 104 level for a weaker yen. Alix steel, there is gold plunging. You willg below
Why not get two straight months of unemployment . Usually a third fo how about you . I didnt see it. Meanwhile, a whole group of managers were bending the opposite eway. Then the economywa was going to shake off what they said was weatherrelated lethargy. And we see that with a strong report. As i have been saying, one of the camps are wrong, both sets cant bese right. Sure enough, those thought the economists were going to stay slow andta they completely blew it. How do we know that . We can tell from which . Stocks gotto hammered today. The stocks areto copies that do wello without economic growth. These all got hammered. They put up tremendous growth through thick and thin. We are in thick mode after this employment number where a whole bunch of other stocks can show accelerating growth that typically dont have it. And thats what the market wants, the employment number to grow, rotation. Nothing is Crystal Clear in the stock market with so much happeningma ahead of the data w focus
Nasdaq actually slid. 37 . I mean, what is happening here . First, weve got to remember the stock markets not a Cheerleading Squad for better employment. The market has written a whole book about get rich carefully is about expectations and predictions and placing bets on them. We had a highly unusual situation develop in this particular jobs number. I havent seen it like this in years. Many, many Money Managers, including Money Managers invested in bonds truly believe that the economy has softened and this number would be very weak. Maybe the weakest in ages. Why not get two straight months of weak employment, usually a third follows. February didnt seem like anything to write home about for me. How about you . I didnt see it. A group of managers were betting the opposite way. Betting the economy was going to shake off weatherrelated. As ive been saying for weeks now, one of these examples had to be wrong. Both sets of buyers couldnt be right. Sure enough, those who thought the econom
Here at this time on facebook day. We will see how alibaba turns out. There are so me great reasons to host a show at this time. This has to be near the top of the list. There are so many expectations. Almost 168ed at billion and it hasnt even traded yet. Lets take you down to the floor of the Stock Exchange. Just ended an interview with the man of the hour. Emily, tell us about jack ma. He is incredibly excited, as you might expect. I got myself the with jack mom. That has been 15 years in the making for him. He started the company in 1999, and the internet rarely existed. People thought he was crazy. He got 17 cofounders who believed in his vision. A third of those cofounders were women. Onre was a lot of excitement the floor of the New York Stock Exchange. He had alibaba customers in town visiting from china. They are the ones who rang the bell. He did not ring the bell himself. That is a pretty humble. He knows there is a lot of work to do. We talked about u. S. Expansion and a tim